Telefonica (BME:TEF) received a €8.30 ($9.65) price objective from Kepler Capital Markets in a research note issued on Thursday, July 26th. The firm currently has a “neutral” rating on the stock. Kepler Capital Markets’ price target would indicate a potential upside of 1.22% from the stock’s previous close.
Other analysts have also recently issued research reports about the company. Goldman Sachs Group set a €9.50 ($11.05) price target on Telefonica and gave the stock a “buy” rating in a research report on Wednesday, May 2nd. Berenberg Bank set a €11.00 ($12.79) target price on Telefonica and gave the company a “buy” rating in a research report on Thursday, April 26th. UBS Group set a €10.00 ($11.63) price target on Telefonica and gave the company a “buy” rating in a research report on Thursday, April 26th. Finally, Deutsche Bank set a €11.50 ($13.37) price target on Telefonica and gave the company a “buy” rating in a research report on Tuesday, April 24th. Three investment analysts have rated the stock with a sell rating, seven have issued a hold rating and six have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of €9.17 ($10.66).
TEF traded up €0.15 ($0.17) during midday trading on Thursday, hitting €8.20 ($9.53). The company’s stock had a trading volume of 33,480,000 shares, compared to its average volume of 23,390,000. Telefonica has a 52-week low of €7.45 ($8.66) and a 52-week high of €10.63 ($12.36).
Telefónica, SA provides mobile and fixed communication services primarily in the European Union and Latin America. The company's mobile and related services and products comprise mobile voice, value added, mobile data and Internet, wholesale, corporate, roaming, fixed wireless, and trunking and paging services.
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